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Updated about 5 years ago,
HUD home INSPECTION
Hello everyone,
So I'm a newbie to purchasing HUD homes and I am trying to figure out what price I want to bid on the property based on the PCR. On the PCR, it says the HVAC condition is ok but not functional, could not test plumbing b/c it was missing 2 feet of copper in the basement, and water heater functionality failed with decencies noted. Other than these major issues the property needs minimal work as I've already went through with a contractor. Just worried when the utilities get turned on how many problems could I potentially run into based on what I'm already seeing on the PCR? If anybody has experience with this I would greatly appreciate your input!!